XTX Topco Ltd Invests $667,000 in Donnelley Financial Solutions (NYSE:DFIN)

XTX Topco Ltd bought a new position in Donnelley Financial Solutions (NYSE:DFIN - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 15,258 shares of the company's stock, valued at approximately $667,000. XTX Topco Ltd owned about 0.06% of Donnelley Financial Solutions at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of DFIN. Price T Rowe Associates Inc. MD lifted its stake in shares of Donnelley Financial Solutions by 7.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 595,344 shares of the company's stock worth $37,347,000 after buying an additional 39,980 shares in the last quarter. Northern Trust Corp lifted its position in Donnelley Financial Solutions by 17.2% during the fourth quarter. Northern Trust Corp now owns 545,203 shares of the company's stock valued at $34,201,000 after purchasing an additional 79,848 shares during the last quarter. Frontier Capital Management Co. LLC bought a new stake in shares of Donnelley Financial Solutions in the 4th quarter worth about $26,329,000. Port Capital LLC purchased a new position in Donnelley Financial Solutions in the 4th quarter worth about $23,114,000. Finally, Tidal Investments LLC purchased a new position in Donnelley Financial Solutions in the 4th quarter worth about $19,595,000. 93.84% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DFIN. Wall Street Zen lowered shares of Donnelley Financial Solutions from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Needham & Company LLC reiterated a "buy" rating and issued a $72.00 price objective on shares of Donnelley Financial Solutions in a research report on Thursday, May 1st. Finally, DA Davidson restated a "buy" rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Monday, April 14th.

Donnelley Financial Solutions Stock Up 0.2%

DFIN stock traded up $0.12 during mid-day trading on Friday, hitting $52.65. The stock had a trading volume of 75,700 shares, compared to its average volume of 286,219. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 18.63 and a beta of 1.07. The company has a fifty day moving average of $59.74 and a 200 day moving average of $54.25. Donnelley Financial Solutions has a 1-year low of $37.80 and a 1-year high of $70.55.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.07. The firm had revenue of $218.10 million during the quarter, compared to analysts' expectations of $226.13 million. Donnelley Financial Solutions had a return on equity of 20.03% and a net margin of 10.87%. The business's revenue was down 10.1% on a year-over-year basis. During the same period last year, the firm posted $1.47 EPS.

Insider Activity

In other Donnelley Financial Solutions news, insider Craig Clay sold 11,022 shares of Donnelley Financial Solutions stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $54.03, for a total value of $595,518.66. Following the sale, the insider owned 143,448 shares of the company's stock, valued at $7,750,495.44. This trade represents a 7.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 4.30% of the stock is owned by corporate insiders.

Donnelley Financial Solutions Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).